The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »Gazprom`s 2018 Gas Production Plan to Exceed 430Bln Cubic Meters
Gazprom'.s 2018 plan for gas production is expected to exceed 430 billion cubic meters. which were initially planned for 2017.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Baker Hughes Ready to Assist in TANAP’s Second Phase
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »Enel Starts Construction of Largest Wind Farm in Peru
Approximately $165 million will be invested by the Enel Group in the construction of the wind farm. which is expected to enter into operation in the first half of 2018.
Read More »Oil. Gas to Be Big Part of Energy Mix for Decades to Come
BP is a global energy company with wide reach across the world’s energy system.
Read More »OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran Greets Cooperation between OPEC. Non-OPEC Countries for Maintaining Oil Market Stability
The project has faced repeated delays since it was conceived in the 1990s to connect Iran'.s South Pars gas field to Pakistan.
Read More »Shell Invests to Boost Global Gas Demand
As well as accelerating the transition to gas. Van Beurden has advocated a price on carbon and worked to promote hydrogen as a transport fuel.
Read More »Russia`s Energy Minister Sees 2018 Oil Price in Range of $45-$55 Barrel
China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
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